> what ever happened to that guy who was suggesting that we
> mortgage our homes to buy AMZN before earnings?
> Jan Crawley:
> He and that DLJ analyst are having a drink, celebrating or crying, > we may guess.
> Sarmad Y. Hermiz:
> He followed his own advice, and is now homeless. Actually, he
> is living in his car. He previously mentioned that he would buy a
> lexus with his amzn profits. But I think he plowed them back into
> amzn when it dipped to 180.
> Glenn D. Rudolph:
> He is trying to negotiate a second mortgage;-)
Sounds like you all miss me a lot! Actually as I said before, when AMZN tanks, I sit on the sideline. More precisely, at this moment I'm sitting on over $1/4 mil cash, happily enjoy the correction the whole Net group is undertaking, and waiting for next entry point. Maybe you want to know my feeling about if AMZN, or the whole Net group for that matter, is bottoming out. Unfortunately my gut feeling says NO. I think AMZN has at least another $20 to go down, perhaps $40 ~ $60, before stabilize a bit. But when my feeling tells me that the next turning point comes, I will strike big time again as I usually do. You can rest for sure that when I do I will make sure you guys know about it, so that you will have at least $20 ~ $30 to make after me.
As for where I'm living & stuff like that, don't worry. I'm living in quite comfortable situation. Just to make sure that you guys save enough money for the next AMZN boom, DON'T LOSE EVERY PENNY YOU HAVE!!!
Good luck!
MB
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